User Account

All Pages

Present value john longwaite will receive 100000 in 50

Assignment Help Accounting Basics
Reference no: EM13482020

Present value John Longwaite will receive $100,000 in 50 years. His friends are very jealous of him. If the funds are discounted back at a rate of 14 percent, what is the present value of his future "pot of gold"?

Reference no: EM13482020

Questions Cloud

Custom metal works produces castings and other metal parts : custom metal works produces castings and other metal parts to customer specifications. the company uses a job-order
I addition during march they drove 947 miles for medical : in 2008 margaret john murphy are married tax payers who file a joint tax return with agi of 25000. during the year they
Digdug corporation had outstanding checks totaling 5400 on : digdug corporation had outstanding checks totaling 5400 on its june bank reconciliation. in july digdug issued checks
Present value the western sweepstakes has just informed : present value the western sweepstakes has just informed you that you have won 1 million. the amount is to be paid out
Present value john longwaite will receive 100000 in 50 : present value john longwaite will receive 100000 in 50 years. his friends are very jealous of him. if the funds are
Assuming that a government will collect its sales taxes in : 1. under the modified accrual basis of accounting revenues cannot be recognizeda. until cash has been collectedb.
Te benefits can be easily projected and estimatedthey are : what statement is true regarding post-retirement healthcare benefits? a the benefits can be easily projected and
Social considerations can be used to justify allowing a : social considerations can be used to justify allowing a federal income tax deduction for state and local sales taxes.
What is the rate of return on each bond rate of return bond : one bond has a coupon rate of 7 another a coupon rate of 8.5. both bonds have 11-year maturities and sell at a yield to

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining valuing preferred stock

Best Rate Bank just issued some new preferred stock. The issue will pay a $10 annual dividend in perpetuity, beginning 10 years from now. If the market needs a 7% return on this investment

  Role of adjusting and closing entries in the preparation

Role of adjusting and closing entries in the preparation of the income statement, statement of retained earnings, and balance sheet and how is cash-basis accounting different from accrual-basis accounting

  What is the book value of the equipment

The balance in the equipment account is $678,950, and the balance in the accumulated depreciation-equipment account is $262,200. a. What is the book value of the equipment?

  What total amount can wood deduct as a 2009 itemized

In 2009, Wood's residence had an adjusted basis of $150,000, and it was destroyed by a tornado. An appraiser valued the decline in the market value at $175,000. Later that same year,

  Basic earnings per share of flyaway travel company

Flyaway Travel Company reported net income for 2009 in the amount of $90,000. During 2009, Flyaway declared and paid $2,125 in cash dividends on its nonconvertible preferred stock.

  Costs-fixed and variable costs

Costs can be classified into two categories, fixed and variable costs. These costs behave differently based on the level of sales volumes. Suppose we are running a restaurant and have identified certain costs along with the number of annual units ..

  Accounting rate of return

What is the internal rate of return? What is the accounting rate of return based on the initial investment? What is the payback period?

  Finding dpgr per unit

Finch Corp. sells portable air filtration systems by means of internet and direct mail orders. Most of the components are purchased from foreign suppliers at a cost of $1,600-What is Finch's DPGR per unit? It's QPAI? How could this result have been..

  Which column heading is the most important or salient

What will a close out sale at year end from one of a company's main suppliers do to the company's balance sheet?What will the event noted above do to inventory and payable ratios in comparison to prior years? Is this a concern? To who?

  Is an investor always better off buying tax exempt bonds

Under what conditions is an accrual-basis-tax-payer allowed to defer reporting amounts received in the advance payments received for services?

  Functional measures of performance

Write a report to the president of an airline recommending the use of functional measures of performance. Include specific examples of how they can be used to improve performance.

  Purchase price pod company paid for investment

The ending balance in the Investment in Pod Company account at December 31, 2010 was $320,000 after applying the equity method during 2010. What was the purchase price Pod Company paid for its investment in Jobs, Inc?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd